ABOUT KELLER WILLIAMS REALTY: The JAZ Zydenbos Team offers unparalleled service to ALL Real Estate Customers for home foreclosures, short sales and traditional home sales in the Nature Coast of Florida real estate market which includes Levy County, Sumter County,Citrus County, Hernando County, Pasco County and Pinellas County. Your complete satisfaction with our service and representation is our number one priority. And that is why this site is titled "The Best Home Buys in Florida. The JAZ Zydenbos Keller Williams Realty Team specializes in all types of Real Estate Transactions, including economy driven short sales, foreclosures, bank owned properties, REO properties, rentals, vacation rentals and very good under valued straight sales. In Levy County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the Town of Bronson, City of Cedar Key, City of Chiefland, City of Fanning Springs, Town of Inglis, City of Otter Creek, City of Williston and the City of Yankeetown. The unincorporated Levy County areas also served are Andrews, East Bronson, East Williston, Ellzey, Fowlers Bluff, Gulf Hammock, Lebanon Junction, Manattee Road, Rosewood, Turkeytown, Usher, and Williston Highlands. In Sumter County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the City of Bushnell, City of Center Hill, City of Coleman, City of Webster and the City of Wildwood. The unincorporated areas of Sumter County includes Lake Panasoffkee, Linden, Mabel, The Villages, St. Catherine, Sumterville, Tarrytown, Wahoo and Croom a Coochee. In Citrus County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of Crystal River and Inverness. The unincorporated areas of Citrus County includes Beverly Hills, Black Diamond, Chassahowitzka, Citrus Hills, Citrus Springs, Floral City, Hernando, Holder, Homosassa Springs, Homosassa, Inverness Highlands North, Inverness Highlands South, Lecanto, Meadowcrest, Pine Ridge, Red Level and Sugarmill Woods. In Hernando County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of Brooksville and Weeki Wachee. The largest town and unincorporated is Spring Hill with 92,144 in population. The unincorporated areas the JAZ Zydenbos Tropic Shores Team serves are Aripeka, Bayport, Brookridge, Garden Grove Estates, Hernando Beach, High Point, Hill 'n Dale, Istachatta, Lake Lindsey, Masaryktown, Nobleton, North Brooksville, North Weeki Wachee, Pine Island, Ridge Manor, Ridge Manor West, South Brooksville, Spring Lake and Weeki Wachee Gardens. In Pasco County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the City of Dade City, City of New Port Richey, City of Port Richey, City of San Antonio, Town of St. Leo and the City of Zephyrhills. The unincorporated areas the JAZ Zydenbos Keller Williams Team serves are Aripeka, Bayonet Point, Beacon Square, Blanton, Crystal Springs, Dade City North, Elfers, Holiday, Hudson, Jasmine Estates, Lacoochee, Land O' Lakes, New Port Richey East, Odessa, Saint Joseph, Shady Hills, Trinity, Wesley Chapel, Wesley Chapel South, Zephyrhills North, Zephyrhills South and Zephyrhills West. In Pinellas County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the Town of Belleair, City of Belleair Beach, City of Belleair Bluffs, Town of Belleair Shore, City of Clearwater, City of Dunedin, City of Gulfport, City of Indian Rocks Beach, Town of Indian Shores, Town of Kenneth City, City of Largo, City of Madeira Beach, Town of North Redington Beach, City of Oldsmar, City of Pinellas Park, Town of Redington Beach, Town of Redington Shores,City of Safety Harbor, City of Seminole, City of South Pasadena, City of St. Pete Beach, City of St. Petersburg, City of Tarpon Springs, and the City of Treasure Island. The unincorporated areas the JAZ Zydenbos Keller Williams Team serves are Bay Pines, East Lake, Feather Sound, Gandy, Harbor Bluffs, Palm Harbor, Ridgecrest, South Highpoint, Tierra Verde and West and East Lealman (Lealman).
Welcome

JAZ Zydenbos
KELLER WILLAMS REALTY, 2715 Forest Rd.
SPRING HILL, FL 34606
Office: (954) 354-6637
Cell: (352) 263-6385
Email: jazzsold@gmail.com
Trust. Commitment. Integrity.

Helpful Info > Owning a Home    
How Much Home Do I Qualify For?

Income. Debt. Down Payment. Closing Costs. Two Years Income Tax Returns. Assets. Liabilities. IRAs. You want WHAT? Just what can I afford?

Buying a home in today s marketplace is a bit intimidating. And your new home purchase is likely to be one of the most important decisions you ve ever had to make. Usually it s one of the single most valuable assets you ll own.

Where to Start
Before you invest hundreds of hours searching--and to avoid any heartbreak if you find yourself unable to qualify for your dream home--sit down with a lender. Your lender can perform a simple verbal prequalfication in about twenty minutes and a full-fledged prequalfication in about 5 days.

Pre-qualification not only allows you to focus your search in the correct price range, saving a lot of wasted time and frustration, but it can also give you an edge when competing with other offers on a home that you find. If a seller is deciding between two offers -yours who has been qualified and another unqualified offer, they are much more likely to pick yours. Pre-qualification will also give you leverage when negotiating with a seller in a non-competitive atmosphere; it essentially makes you a cash buyer.

The amount of home that you qualify for will be determined by three key factors: your down payment, your ability to qualify for a mortgage and closing costs.

The Down Payment
Whereas a current homeowner can rely on equity from their home sale, a first time homebuyer is limited to the money they can save. The days of having to put 20 percent down on a home are in the past, although putting a large amount of money down definitely makes it easier to qualify for a mortgage and to get the lowest interest rates available. With the various programs that are available today, you can put as little as 3 percent down on a home.

Qualifying for the Mortgage
There are two basic guidelines that lenders use to determine what size mortgage you are eligible for:

  1. Your monthly mortgage payment of principal, interest, taxes and insurance (PITI) should not exceed 25 to 28% of your monthly gross income.  
  2. Your monthly housing cost (PITI) plus other long-term debt should not exceed 33 to 38% of your monthly gross income.
Specifically, most lenders will consider 4 key factors to determine your ability to qualify for a home loan:

Income This first element can include not only your gross monthly income and secondary income (commissions, bonuses) but also your history of employment, stability of income, education, even potential for future earnings.

Credit History -- This encompasses your history of debt repayment, total outstanding debt, highest balance, and your highest monthly debt balance.

Assets Your assets consist of cash on hand, savings and checking accounts, CDs, stocks, bonds or any other type of liquid asset.

Property The home you are planning to purchase will be appraised to determine the market value. The estimated value must be sufficient to secure the loan. Lenders will loan you no more than a certain percentage (usually 95%) of this value.

Closing Costs
Keep in mind that in addition to your down payment, you will also be responsible for paying fees for the loan and closing costs. These will be required at the time of closing unless you qualify and choose to have these included in your financing.
  • Closing Costs generally will range between 2 percent and 6 percent of the mortgage loan, depending on the loan and lender. You will be provided with a "Good Faith Estimate" of closing costs so you can know what to expect.  
  • "Points", which are one-time charges equal to one percent of your loan amount, may be required by your lender at closing.  
  • Your closing agent will charge a fee at the close of the sale.


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